Nicaragua - Gross savings (current US$)

The latest value for Gross savings (current US$) in Nicaragua was $3,367,942,000 as of 2020. Over the past 26 years, the value for this indicator has fluctuated between $3,367,942,000 in 2020 and ($180,005,300) in 1994.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1994 ($180,005,300)
1995 $136,141,600
1996 $213,034,400
1997 $330,881,500
1998 $548,963,300
1999 $663,467,700
2000 $529,461,200
2001 $517,775,600
2002 $449,811,400
2003 $515,275,500
2004 $752,073,200
2005 $898,446,400
2006 $1,022,816,000
2007 $1,126,173,000
2008 $1,404,439,000
2009 $1,214,477,000
2010 $1,390,215,000
2011 $1,859,033,000
2012 $2,028,597,000
2013 $1,971,444,000
2014 $2,451,098,000
2015 $2,996,383,000
2016 $2,990,829,000
2017 $3,090,440,000
2018 $2,866,513,000
2019 $2,952,918,000
2020 $3,367,942,000

Statistical Concept and Methodology: Gross savings represent the difference between disposable income and consumption and replace gross domestic savings, a concept used by the World Bank and included in World Development Indicators editions before 2006. The change was made to conform to SNA concepts and definitions.

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts